LOS ANGELES, June 2 -- The National Basketball Association and the Women' s National Basketball Association announced Friday their support for Los Angeles' bid for the 2024 Summer Olympic and Paralympic Games while the race between Los Angeles and Paris for the 2024 Olympic Games is entering the home stretch.

"The NBA is proud to support Los Angeles' bid to host the 2024 Olympic Games," said NBA Commissioner Adam Silver in a statement.

"We have had two NBA teams in Los Angeles for nearly 50 years, a WNBA team for 21 years and beginning next season two Development League teams. LA is truly an epicenter of global basketball," he said.

"Basketball has been an Olympic sport for more than 80 years, but it was in 1992 when the Dream Team inspired a new generation of fans and future NBA players. What better way to bring the Games into a new era and once again inspire the next generation of Olympians and Para-Olympians than showcasing them in a city that embodies creativity, entertainment and sports," he added.

"LA 2024's bid to host the Olympics represents what is truly great about sports - they bring everyone together and inspire young people to dream of what is possible. With its unrivaled mix of imagination and innovation, Los Angeles - the home of the defending WNBA champion Sparks - is the right city at the right time to bring the spirit of the Olympic Movement to a new generation and empower every little girl and boy around the world to dream big and believe that they belong," said WNBA President Lisa Borders.

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